Understanding the History and Features of 100 Lekë

The 100 Lekë has a rich history that dates back to 1926, when it was introduced as the official currency of Albania.

It's worth noting that the 100 Lekë was initially pegged to the French franc, but its value fluctuated over the years due to economic changes.

In 1947, the Albanian government introduced a new currency, the Albanian lek, which replaced the 100 Lekë at a rate of 1:1.

The 100 Lekë has undergone several redesigns, with the most recent one featuring a portrait of Ismail Qemali, the founder of modern Albania.

The lek was introduced as the first Albanian currency in February 1926. This marked a significant change for the country, which had previously relied on a gold standard for commercial transactions.

Before the lek, Albania was a country without a currency, and people used a variety of exchange methods. During the occupation of Albania by Austria-Hungary, paper notes of the Austro-Hungarian krone were imposed on the population, but their use was limited.

Transactions using krone notes were mainly between Albanians and the occupiers, and the majority of the population continued to use gold and silver piastre or bartered instead.

The Albanian 100 Lekë banknote features a paper composition, measuring 158 × 77 mm in size and having a rectangular shape.

The Albanian State Bank, also known as Banka e Shtetit Shqiptar, issued this banknote.

The currency is part of the New lek (1965-date) and is equivalent to 1.06 USD.

Here's a breakdown of the banknote's details:

The lek, Albania's official currency, has a rich history dating back to 1926. The first lek was introduced by the National Bank of Albania, with notes issued in denominations of 1, 5, 20, and 100 franka ari.

The lek has undergone several changes over the years, with new series of banknotes being introduced in 1944, 1945, and 1947. In 1947, the franga-ari was discontinued, and the lek was adopted as the main currency unit.

In 1965, the Banka e Shtetit Shqiptar introduced notes in denominations of 1, 3, 5, 10, 25, 50, and 100 lekë. These notes featured unique designs, such as a peasant couple with wheat on the 1 lek note.

Here are some key features of the 1964 and 1976 series of lek banknotes:

The lek has continued to evolve, with new series of banknotes being introduced in 1991 and 1997.

The lek was introduced as the first Albanian currency in February 1926. This marked a significant shift from the country's previous lack of a standardized currency.

Before the introduction of the lek, Albania adhered to a gold standard for commercial transactions. This meant that the value of goods and services was fixed to the value of gold.

During the occupation of Albania by Austria-Hungary, paper notes of the Austro-Hungarian krone were imposed on the population. However, these notes were mainly used for transactions between Albanians and the occupiers.

The majority of the population used gold and silver piastres or opted for bartering instead of using money. This highlights the challenges of implementing a new currency in a country with a complex history.

Converting Albanian leks to Euros is a straightforward process. Simply type in the box how much you want to convert.

To get the current exchange rate, you'll need to select the correct options in the dropdown menus. Select "ALL" in the first dropdown as the currency you want to convert from, and "EUR" in the second dropdown as the currency you want to convert to.

Our currency converter will then show you the current ALL to EUR rate and how it's changed over the past day, week, or month. This information can be useful for travelers or businesses looking to exchange currency.